Julia’s review of the numbers

Under Market Statistics

Written by

Written on September 7th, 2015

The Benchmark Price is the estimated sale price of a benchmark property. Benchmarks represent a typical property within each market and are a good indicator of value change in a particular market.

Detached houses:
West Vancouver:  August $2,394,100 – July $3,359,300 – June $2,320,400 (3% summer increase)
North Vancouver: 
August $1,188,500 – July $1,175,300 – June $1,176,600 (1% summer increase)
Vancouver West:  August $2,695,100 – July $2,653,200 – June $2,599,700 (4% summer increase)

Number of Sales:Detached houses:
West Vancouver:  August 83 – July 80 – June 102
North Vancouver: 
August 95 – July 116 – June 156
Vancouver West:  August 148- July 155 – June 236Apartments:
West Vancouver:  August 13 – July 17 – June 16
North Vancouver: 
August 96 – July 128 – June 120
Vancouver West:  August 526 – July 574 – June 557While the number of sales slowed slightly during the summer as expected, sales volume still remains high.